NOT LISTED FOR SALE

Estimated Value: $6,975,000 - $8,606,544

7 Beds
5 Baths
4,324 Sq Ft
$1,861/Sq Ft Est. Value

Last Sold January 04, 2023

Last sale price $10,200,000 $2,359 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $51,269/month

96 Days on Market

Highlights

  • 0.58 Acre Lot
  • Family Room with Fireplace
  • Main Floor Bedroom
  • Addison Elementary School Rated A+
  • Wood Flooring
  • Spanish Architecture

About This Home

As of January 2023

Addresses are 625 & 635 Hale Street. Set on two separate lots totaling more than half of an acre with plenty of space for a potential second dwelling to create a true family compound, this estate offers 7 bedrooms, 5 bathrooms, and 4,869 sf of living space, incl. a guest home. The grand foyer offers a glimpse of the luxurious appointments, including stained glass, Ionic columns, radius windows, and hardwood floors. Expansive formal rooms offer outstanding space for entertaining, the updated chef's kitchen enjoys top brands including Wolf, and both a lounge and sunroom provide great venues to relax. Multiple pathways wind through grounds filled with drought-tolerant plants and a gazebo. This incredible location is just moments to the shops and restaurants of University Avenue, close to multiple parks, and just a 3-minute drive to US 101 for Bay Area commuting. Plus, children may attend acclaimed schools Addison Elementary, Greene Middle, and Palo Alto High (buyer to verify eligibility).

Last Agent to Sell the Property

Michael Repka

Deleon Realty License #70010006 Listed on: 06/15/2022

Last Buyer's Agent

Michael Repka

Deleon Realty License #70010006 Listed on: 06/15/2022

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $77,390

Year Built

  • Built in 1927

Lot Details

  • 0.58 Acre Lot
  • Fenced
  • Sprinkler System
  • Back Yard
  • Zoning described as R1

Parking

  • 2 Car Garage
  • Guest Parking
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Spanish Architecture
  • Flat Roof Shape
  • Tile Roof
  • Rolled or Hot Mop Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 4,324 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Mud Room
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Utility Room
  • Wood Flooring
  • Neighborhood Views
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 5 Full Bathrooms
  • Stone Countertops In Bathroom
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Gazebo

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • Sewer Connection Less Than 500 Feet Away

Listing and Financial Details

  • Assessor Parcel Number 003-19-089

Home Details

Home Type

Single Family

Est. Annual Taxes

$77,390

Year Built

Built in 1927

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Spanish
  • Age: 95
  • Listing Class: Residential
  • Structure Sq Ft: 4324
  • Year Built: 1927
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room
  • Dining Room: Breakfast Bar, Breakfast Nook, Dining Area, Eat in Kitchen, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Island, Island with Sink, Microwave, Pantry, Refrigerator
  • Living Sq Ft: 4324
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, Walk-in Closet
  • Laundry: Dryer, Washer
  • Flooring: Hardwood
  • Additional Rooms: Attic, Mud Room, Office Area, Utility Room
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 7
  • Minimum Numberof Bedrooms: 7
  • Full Bathrooms: 5
  • Total Bedrooms: 7
  • Bathroom: Granite, Shower and Tub, Stall Shower, Stone
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Flat / Low Pitch, Rolled Composition, Tile
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Fenced, Gazebo, Sprinklers - Lawn
  • Fencing: Rail
  • Construction Type: Stucco, Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 6
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking, Off-Street Parking, On Street

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connections - LESS than 500 feet away

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Schools

  • School District: Palo Alto Unified
  • Elementary School: Addison Elementary
  • Middle School: Frank S. Greene Middle
  • High School: Palo Alto High
  • High School: 327
  • Elementary School: 309
  • Middle School: 329

Lot Info

  • Lot Description: Regular
  • Parcel Number: 003-19-089
  • Lot Acres: 0.5767
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 25120.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 25120.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: Palo Alto Unified
  • Elementary School Text: Addison Elementary
  • High School Text: Palo Alto High
  • Middle School Text: Frank S. Greene Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Dec 16, 2022
Sold by
Linda M Dairiki Shortliffe Trust and Shortliffe Linda M
Bought by
Chandrasekar Family Trust and Gnanasambandam
Seller's Agent
Michael Repka
Deleon Realty
Buyer's Agent
Michael Repka
Deleon Realty
List Price
$13,488,000
Sold Price
$10,200,000
Premium/Discount to List
-$3,288,000
-24.38%
Views
32
Current Estimated Value
$8,045,636

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,154,364
Avg. Annual Appreciation
-9.23%
Original Mortgage
$6,300,000
Outstanding Balance
$6,044,983
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$2,000,653

Purchase Details

Closed on
Dec 9, 1998
Sold by
Shortliffe Linda M
Bought by
Shortlife Linda M Dairiki

Purchase Details

Closed on
Jun 17, 1998
Sold by
Shortliffe Edward H
Bought by
Shortliffe Linda D

Purchase Details

Closed on
Dec 15, 1993
Sold by
Shortliffe Edward H and Shortliffe Linda D
Bought by
Shortliffe Edward H and Shortliffe Linda D
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Chandrasekar Family Trust $1,109,090 First American Title
Shortlife Linda M Dairiki -- --
Shortliffe Linda M Dairiki -- --
Shortliffe Linda D -- --
Shortlife Edward H -- --
Shortliffe Edward H -- First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chandrasekar Family Trust $6,300,000
Previous Owner Shortliffe Linda M Dairiki $433,000
Previous Owner Shortliffe Linda M Dairiki $320,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2023 01/04/23 Sold $10,200,000 -14.9% $2,359 / Sq Ft
09/20/2022 09/20/22 Pending -- -- --
07/25/2022 07/25/22 Price Changed $11,988,000 -11.1% $2,772 / Sq Ft
06/15/2022 06/15/22 For Sale $13,488,000 -- $3,119 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $77,390 $6,579,000 $5,304,000 $1,275,000
2023 $77,390 $1,244,163 $669,934 $574,229
2022 $14,564 $1,219,769 $656,799 $562,970
2021 $14,275 $1,195,853 $643,921 $551,932
2020 $14,807 $1,183,592 $637,319 $546,273
2019 $14,640 $1,160,385 $624,823 $535,562
2018 $14,247 $1,137,633 $612,572 $525,061
2017 $13,995 $1,115,327 $600,561 $514,766
2016 $13,624 $1,093,459 $588,786 $504,673
2015 $13,486 $1,077,035 $579,942 $497,093
2014 $13,163 $1,055,938 $568,582 $487,356
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81896278

MLSListings

APN: 003-19-089